On a slippery slope
While demonetisation and cow vigilantism have hurt the leather economy, Chinese synthetic rubber has hit domestic rubber production and environmental issues weigh down plastics
by Shweta Punj
May 10, 2019
2 minutes
PLASTICS
This sector provides employment to over 1 million people directly and indirectly with massive untapped potential. However, sales have been sliding-from a growth of 12.8 per cent in 2011-12, sales recorded 2.67 per cent growth in 2017-18. Its prospects are further marred by environmental concerns and lack of technology innovation.
RUBBER The rubber industry employs about two million people and nearly 90 per cent
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